America is Regressing into a Developing Nation for Most People

A new book by economist Peter Temin finds that the U.S. is no longer one country, but dividing into two separate economic and political worlds

You’ve probably heard the news that the celebrated post-WW II beating heart of America known as the middle class has gone from “burdened,” to “squeezed” to “dying.” But you might have heard less about what exactly is emerging in its place. (Follow to FULL Story)

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~ QUOTABLE ~

The phrase “the Fall of America” suggests some cataclysmic event ended the American Empire which had stretched from Maine to California and Florida to Washington. But at the end, there was no straining at the gates, no barbarian horde that dispatched the Empire in one fell swoop. Rather, the Empire fell slowly, as a result of challenges from within and without, and changing over the course of hundreds of years until its form was unrecognizable.

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